VENDOR RATING - Price performance (30%) 10/25/09 Formal...

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Click to edit Master subtitle style 10/25/09 VENDOR RATING By: Hitendrasinh Zala
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10/25/09 Path Selection of vendor Vendor rating Characteristics Formal vendor rating system conclusion
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10/25/09 Selection of Vendor Production capabilities Financial soundness Technical capabilities Other consideration
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10/25/09 Vendor Rating Vendor who are already on the regular list should be periodically appraised for their performance and this should be done as continuous monitoring exercise is terms as a “vendor rating”
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10/25/09 Characteristics Delivery Quality Price Other factors
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10/25/09 Formal Vendor Rating System Delivery (40%) Quality (30%)
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Unformatted text preview: Price performance (30%) 10/25/09 Formal Vendor Rating System Delivery (17/20) on time An average reject - 5% Performance index 110 Average performance index is Rs. 100 10/25/09 Formal Vendor Rating System 0.40*17/20*100 = 34.5 points 0.30*95/100*100 = 28.5 points 0.30*100/110*100 = 27.3 points Total Rating = 90.3 points 10/25/09 Conclusion It gives better flexibility to the buyer organization This system should allow more detail and better evaluation of the different vendors Vendors companies can know its shortcoming and try to improve them 10/25/09 THANK YOU...
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VENDOR RATING - Price performance (30%) 10/25/09 Formal...

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